August 8, 2016
Financial Technology and Services
We are pleased to announce that our client, Commissions, Inc. (“CINC” or the “Company”) has entered into a definitive agreement to be acquired by Fidelity National Financial, Inc. (NYSE: FNF) (“FNF”), a leading provider of title insurance, technology and transaction services to the real estate and mortgage industries.
CINC is the fastest-growing provider of an end-to-end SaaS CRM, lead generation and lead management software platform focused on high-performing residential real estate agents and agent teams. CINC’s product offerings include software, marketing and services designed to enhance the productivity and sales results of elite Realtors® and agent teams through lead generation and proactive lead management. CINC has more than 1,500 customers who collectively have closed more than 170,000 residential real estate transactions over the last twelve months. The Company was founded in 2011 and is owned by Serent Capital and the current CINC management team. The business has ~120 employees and is headquartered in Marietta, Georgia.
GCA acted as exclusive financial advisor to Commissions, Inc. in connection with this transaction. Terms of the deal were not disclosed.